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Bankruptcy Law

New Bankruptcy Law Explained

16th April 2010
On October 17, 2005, new bankruptcy law went into effect, changing the process of filing for bankruptcy throughout the United States. This new shift in law requires additional steps to be taken by the attorney and the debtor but has been geared toward ben...
Author: Brian Reed
Bankruptcy Law

How Flexible is Chapter 13 Bankruptcy?

16th April 2010
Before filing for bankruptcy, it is crucial to understand all the facts. Since you may not be an expert in bankruptcy law, the questions you might have about the process have answers that are anything but clear. Not only are there different types of bankr...
Author: Brian Reed
Bankruptcy Law

Ohio Bankruptcy Laws and Exemptions - What Can I Claim?

15th April 2010
Personal bankruptcy have to be the last resort you take if you are in insolvency. The reason for this is that it takes years to work its path off of your credit report and new changes in laws have made it far more difficult to escape paying your debts. Th...
Author: deepak kulkarni
Bankruptcy Law

What Happens If I Don’t Make My Chapter 13 Payment ?

30th March 2010
No one plans on dramatic financial changes, but they happen. When changes do arise to an individual in Chapter 13 bankruptcy, they might be misled into believing there is no other option than sticking to their schedule of set monthly payments. But they mi...
Author: Campbell Grenier
Bankruptcy Law

Are You Qualified For Bankruptcy?

30th March 2010
Through bankruptcy, a debtor can stop wage garnishments, foreclosures, lawsuits and harassing phone calls from creditors. But not everyone qualifies to file for bankruptcy. Bankruptcy attorney Benjamin Ginter, who runs the Law Offices of Benjamin J. Ginte...
Author: Dean Matthews
Bankruptcy Law

Does My Chapter 13 Payment Change With My Income ?

29th March 2010
The decision to file for bankruptcy is not one to take lightly. With the multiple bankruptcy plans available and the changes to bankruptcy law that occurred in 2005, it is important to be an informed about options from various scenarios. If you are consid...
Author: Campbell Grenier
Bankruptcy Law

New Bankruptcy Law Explained

17th March 2010
On October 17, 2005, new bankruptcy law went into effect, changing the process of filing for bankruptcy throughout the United States. This new shift in law requires additional steps to be taken by the attorney and the debtor but has been geared toward ben...
Author: Campbell Grenier
Bankruptcy Law

Chapter 7 Exemptions and Chapter 13 Dischargeable Debts

24th November 2009
It is quite important to understand the benefices each Chapter of bankruptcy offer prior to taking on any bankruptcy legal procedures. What are the debts that are subject to exoneration in Chapter 7 and Chapter 13 Bankruptcy? The range of exemptions i...
Author: EstherA
Business Law

Legal Business Structures

23rd November 2009
When forming a business, whether big or small, one must have a structure in mind. The structure governs management and shows who is answerable to whom. it also helps the government to determine how much tax the business is supposed to pay. The structure w...
Author: Peter Gitundu
Taxes

IRS Tax Debt and Benefiting From Tax Attorney Services

25th July 2009
IRS tax debt If you happened to be one of the unfortunate individuals to owe tax debt from your past years, or you have paid your taxes for the current year, and still expect to owe further taxes to the IRS in the form of IRS debt, it's possible for yo...
Author: Tax Help
Legal

Abuse under Section 707(b) of the Bankruptcy Code - An Explanation

07th March 2009
Much has been written about the 'abuse' section of The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. That section, 707(b), is the one that might well be referred to as the 'teeth' in that new bankruptcy law. Practitioners and debtors wh...
Author: David Romito
Legal

The Chapter 7 Bankruptcy Means Test

21st January 2009
When you file a Chapter 7 bankruptcy petition, the means test is applied to make sure that you really need to file bankruptcy and that you aren't "abusing" the system. That might sound confusing, but it's in most cases a simple test, and the majority of d...
Author: David Romito
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